CIERCUS Systems is a corporation founded by mortgage industry professionals who have a combined 40 years experience in origination, underwriting, compliance, regulatory and banking law matters related to mortgage lending. The CIERCUS System product SettlementPro TM is the result of years of planning and development and is in direct response to the rising levels of mortgage fraud that are crippling the mortgage industry.

Every day, lenders around the Country are wiring hundreds of millions of dollars into the accounts of men, women and settlement companies about whom they know very little.  While lenders wait anxiously for their signed closing packages to return, their money lies exposed “on the street”, without guarantees of security.  Why lenders (and title underwriters for that matter) place universal confidence in the existing loan closing process is a mystery, and a recipe for disaster.  This new system combines closing table data collection, warehousing and reporting functions, with state-of-the-art closing agent registration and transaction recording features that help close the gap between front end fraud protection and the back end still vulnerable to fraud.

If and when a post-closing problems occurs, whether through fraud or due to some other closing error such as an unsigned document, a lender need only press a button to immediately download a report of the key information about the closing that will allow loss mitigation or post-closing follow-up to be completed in a matter of minutes, rather than in days or even weeks.

CIERCUS is based in Northeastern New Jersey, and offers 24/7 technical and customer support.

To learn more about SettlementPro TM, explore this DEMO, or download this POWER POINT informational presentation. For information about Professional Assurance and Repurchase Resolution Specialists, log on to their subsites at the gateway on our Home Page.

You may also call us Toll Free at 1-888-4CIERCUS, or email us at info@CIERCUS.com